6 Comments
User's avatar
Tony Sommer's avatar

Love this case study example and that no AI was harmed in the making of the waterfall charts.

Preston Alexander's avatar

Haha. Thanks! Have to treat our AI overlords with respect.

Christopher Jon Freyermuth's avatar

Excellent explanation of why the headline valuation is only the beginning.

The same principle applies to startup founders deciding between venture capital, private equity, or remaining independent. Every source of capital is really an exchange of future control, future economics, and future optionality. Understanding those tradeoffs is incredibly important.

Really enjoying this series, thanks.

Lauren M's avatar

Great article, thanks!